ACC arrests BJMC GM for Tk 7.43cr scam

The Anti-Corruption Commission (ACC) yesterday arrested a suspended general manager of Bangladesh Jute Mills Corporation (BJMC) in the capital's Kakrail in a case accusing him and three others of misappropriating around Tk 7.43 crore.

The embezzlement took place at Platinum Jubilee Jute Mills Ltd in Khulna from May 2, 2012 to August 12, 2014 while Jahangir Hossain was a deputy manager there, says the case statement.

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The remaining three are now posted at two jute mills and are at large, said ACC Assistant Director Md Shafi Ullah, the case's investigation officer who made the arrest.

They are managers (production) Liyakat Hossain and Khandakar Saiful Islam and deputy manager Akhtaruzzaman.

The misappropriation came to light when an audit team sought whereabouts of Tk 7,43,91,277, reads the statement.

The four claimed that the amount was present in the form of leftovers from production weighing around 11,016 metric tonnes, it says. The audit team found no physical presence of the leftovers, it adds.

The case was filed with Khalishpur Police Station on December 9, 2016. Jahangir has been suspended since then.